Ashiana Housing to Invest 1,000 Cr in Land for Expansion

Ashiana Housing plans to invest around ₹1,000 crore in land acquisition during FY27, expanding its housing and senior living portfolio across Delhi-NCR, Rajasthan, Maharashtra and Tamil Nadu.

Ashiana Housing plans to invest around ₹1,000 crore in land acquisition during the current financial year as the real estate developer expands its residential and senior living portfolio across key Indian markets. The company is evaluating land parcels for both conventional group housing and senior living developments.

Ashiana Housing Managing Director Vishal Gupta says the company continues to see housing demand despite prevailing global uncertainties. The developer is focusing its expansion efforts on markets including Delhi-NCR, Rajasthan, Maharashtra and Tamil Nadu, with land purchases expected to be undertaken through outright acquisitions as well as joint development arrangements with landowners.

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The planned investment comes as the company strengthens its presence in the senior living segment, which remains an important part of its business strategy. Ashiana Housing recently acquired 28.55 acres in Pune through an outright transaction during the April-June quarter. The acquisition represents the company’s largest land deal for a senior living project to date.

The proposed Pune development is expected to offer around 20 lakh square feet of saleable area and has an estimated revenue potential of ₹1,800 crore. The company sees further opportunities in senior living amid demographic changes and a growing ageing population.

Alongside land expansion, Ashiana Housing expects its sales bookings for FY27 to remain broadly comparable with the previous financial year, when pre-sales exceeded ₹2,400 crore. During the first quarter of FY27, the company records sales bookings of ₹358 crore, compared with ₹431 crore in the corresponding period of the previous year.

Gupta also highlights the need to improve the supply of affordable housing by addressing factors such as land availability, taxation, approval timelines and the cost of capital. According to his comments, faster building-plan approvals and streamlined regulatory processes can help reduce project-related inefficiencies and support housing affordability.

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The company also points to skilled labour shortages as a challenge for the real estate industry. A limited supply of experienced contractors and workers is contributing to higher construction costs, creating a need for greater cost efficiency across the development cycle.

With the proposed ₹1,000 crore land investment, Ashiana Housing is set to add new development opportunities across multiple markets while continuing to build its presence in both mainstream housing and senior living.